PYMNTS

MARCH 14, 2017

Whether it’s checking a bank account balance or placing an order online, consumers expect fast, convenient and immediate results. PYMNTS: How do push payments differ from faster payments? DE: The idea of fast funds continues to consume an outsized proportion of the industry’s headspace. Here is an excerpt of the conversation.

Consumer 40

Consumer Push-to-Card Gateways P2P 40

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. That’s not all — voice is becoming more emotionally attuned to consumers.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

APRIL 2, 2019

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.

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Debit Card Contactless Payments EMV ATM 83

PYMNTS

OCTOBER 7, 2020

Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported Wednesday (Oct. Revolving debt — mainly credit card debt — as reported by the central bank declined by $9.4 The figure now stands at its lowest level since 2017. billion in August compared with July.

Credit Cards 71

Credit Cards Federal Reserve Non-Bank Credit Union 71

CB Insights

AUGUST 23, 2018

Live briefing: Consumer Banks in The Digital Age. Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. JPM’s digital push, a theme it refers to as “Mobile First, Digital Everything,” is showing positive early results. First Name.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

Finovate

NOVEMBER 6, 2024

Consumers will benefit from earning rewards for transactions via Crypto.com’s Crypto.com Pay ; merchants will benefit from being able to manage payments and services via both mobile and tablet devices. Also this week, Crypto.com announced that it would expand its offering to include banking services, credit cards, and stock trading.

Blockchain 64

Blockchain Cryptocurrency SWIFT Regulatory Compliance 64

Fintech Finance

JULY 19, 2024

The CHAPS system was established in 1981 by the Bankers Clearing House in London, but throughout its 43 year history has been operated by several organisations until the Bank of England took over in 2017. Retail payments, such as ATM and card payments, remained unaffected. The New Payments Architecture (NPA) by Pay.UK

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Payments ISO 20022 Retail Payments Settlement 84

The Fintech Times

MARCH 28, 2024

Collaborations Central Bank, a regional bank headquartered in Jefferson City, Missouri, is elevating financial wellness for its consumer franchise by implementing Personetics ’ financial data-driven engagement platform. As a result, customers are covered for travel and accommodation expenses that are paid for with their Yonder card.

FinTech 64

FinTech Online and Mobile Banking Central Bank Push-to-Card 64

PYMNTS

OCTOBER 16, 2020

Ranta said bringing those together will require collaboration and seamless information transfers between FIs, billers and consumers. There’s something to be gained for [FIs, billers and consumers] in that experience,” Ranta said. Consider a typical credit card purchase. Here’s why. . Not one, but all three can win.”.

Real Time Payments 126

Real Time Payments Payment APIs and Integration RTP Payments 126

PYMNTS

NOVEMBER 21, 2018

The paper reported that Amazon in its initial push and has been working with gas stations, restaurants and local merchants that aren’t competing directly with Amazon. The move is part of Amazon’s efforts to be a part of every aspect of consumers’ lives. consumers have been slow to embrace digital wallets.

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Push-to-Card Mobile Payments Digital Payments Credit Cards 74

PYMNTS

MAY 5, 2017

When it comes to accessing their money, today’s consumer wants it now, with the push of a button. As they grow bolder with this demand, consumer requirements for speed, simplicity and choice in how they get paid could soon make push payments technology a corporate standard. New Tools on the Block .

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Checks Push-to-Card Debit Card Payments 46

PYMNTS

FEBRUARY 26, 2020

Mastercard , like most consumer credit connected brands, was hit hard in the early days of the Great Recession. However, those trend lines soon gave way to growth in the early 2010s and beyond — driven by the digitization of commerce — with the card network’s revenue tripling in the last decade.

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Visa Payments Push-to-Card EMV 109

PYMNTS

OCTOBER 10, 2019

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. The Upgrade Card is tied to a line of credit that can be used everywhere that Visa cards are accepted. Interest rates on the Upgrade Card range from 6.49 Today (Oct.

Credit Cards 61

Credit Cards Product Push-to-Card Consumer 61

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 133

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 133

PYMNTS

APRIL 20, 2017

Can push payments make the push into full acceptance by consumers and corporates? In envisioning just what the concept of “push” payments means, Edwards said one need only think about how pull payments work. Push payments, he said, uses those exact same rails and the exact same instruments — but to pay people.

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Push-to-Card Ubiquitous Checks Payments 42

PYMNTS

OCTOBER 8, 2020

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. The country’s four largest tech firms wasted no time pushing back on the antitrust report from the House Judiciary subcommittee on antitrust, claiming that they all compete fairly. Wells Fargo & Co.

Credit Cards 52

Credit Cards Push-to-Card Federal Reserve Bitcoin 52

PYMNTS

FEBRUARY 1, 2021

As Camporeale told Webster, Italian banks were among the first to adopt the SEPA instant credit transfer schemes, back in November 2017. As Camporeale told Webster, Italian banks were among the first to adopt the SEPA instant credit transfer schemes, back in November 2017. A Leapfrog To Instant – Or Room For Cards, Too? .

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

PYMNTS

APRIL 16, 2019

Finextra , citing a Facebook spokesman, reported the P2P payment service that worked through Messenger was launched in 2017. on board but the service didn’t resonate with consumers. Both sides of the chat had to provide debit card details and the amount being sent. Facebook’s payment service in the U.K.

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P2P Push-to-Card Payments Debit Card 70

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. in the early 2000s had much of the hoped-for effect: By 2017, both Mastercard and Visa had reported that counterfeit fraud was more than halved. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. Consumers are hardly alone in this.

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EMV Data Breach Chip Cards Push-to-Card 54

PYMNTS

MARCH 7, 2019

Among the most recent support for that point is a fresh push in California among lawmakers to make their strictest-in-the-nation data privacy law even tougher. The committee released a report on how Equifax handled its data security leading up to the data breach that resulted in the credit card data exposure of 143 million people.

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Data Breach Breach Privacy Federal Trade Commission 71

PYMNTS

NOVEMBER 20, 2020

Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . Companies with global workforces need to overcome numerous challenges to quickly and easily pay their employees. Paying unbanked workers

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Payroll Direct Deposit Push-to-Card Debit Card 78

PYMNTS

MAY 10, 2017

The commerce life of a consumer is becoming more digital by the day, given the proliferation of mobile wallets, eCommerce destinations and the emerging plethora of IoT-ready devices now capable of enabling commerce for them. Solutions exist currently, of course.

Push-to-Card 73

Push-to-Card Credential Issuers Payment APIs and Integration 73

PYMNTS

OCTOBER 12, 2018

That pushed third-quarter profit up 21.8 billion from Q2, but up 2 percent from 2017. Strong spots were seen globally, as consumer banking revenue in Latin America was up 8 percent. According to reports , earnings clocked in a $1.73 per share in the third quarter of 2018, better than the $1.69 percent on a year-over-year basis.

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Push-to-Card Credit Cards Consumer 49

PYMNTS

NOVEMBER 18, 2020

consumers’ cash use has declined over the last several years in terms of its share of the overall payments pie, but as consumers spend more, the pie gets bigger, and as people continue to use cash, cash usage continues to grow. The Changing Consumer. It is a warning that consumers have been increasingly taking to heart.

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ATM Federal Reserve Push-to-Card Consumer 121

PYMNTS

MAY 11, 2018

Apple and Goldman Sachs Group are in the midst of bringing a joint Apple Pay-designated credit card to market. 2017 — with some ups and downs in between. 2017 reflects some sort of delayed inflection point. Could that warm feeling could come courtesy of the new plastic card? percent at launch, to 2.6 percent in Dec.

Credit Cards 50

Credit Cards Push-to-Card Ubiquitous Product 50

PYMNTS

OCTOBER 1, 2019

We are talking about gas stations and convenience stores, with their EMV liability shift pushed back to Oct. 1, 2020 — at one point, the deadline was in 2017. It’s not hard to find experts who predict that, even with the new date, gas stations will fail to comply with the deadline, which is set by card networks. Big And Small.

EMV 67

EMV Innovation Point-of-Sale (POS) Push-to-Card 67

FICO

DECEMBER 10, 2020

These and other milestones have come to pass, pushing enterprise-scale AI solidly into the “early adoption” phase, as defined by “Chasm” author Geoffrey Moore. Last year I predicted that artificial intelligence (AI) would grow up , with major infrastructure developing around Responsible AI , AI advocacy and AI governance.

AI 98

AI Fraud Detection Payment APIs and Integration On-Demand 98

PYMNTS

JULY 24, 2018

MoneyGram and Visa announced today (July 24) that they have partnered to deliver real-time digital disbursements to MoneyGram customers using Visa’s push payments platform, Visa Direct. MoneyGram is the first cross-border use case for Visa Direct,” Frew told Webster. Remittances have always been about people sending money to other people.

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P2P Cross-Border Push-to-Card B2C 89

PYMNTS

JANUARY 21, 2019

The letter highlighted that access to the payments systems today is only possible through incumbent intermediaries – the banks and the card networks – which have not kept pace with the needs of consumers and businesses. It flew in on Dec. 14, the Friday before the week before Christmas, so you might not have noticed.

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Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

NOVEMBER 26, 2018

Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. These are optimistic observations for an industry where commercial cards have struggled to get off the ground.

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Commercial Card B2B Small Business Push-to-Card 68

PYMNTS

OCTOBER 8, 2020

Another busy week in grocery as it seems the pace kicked up in the race to capture the consumer's grocery dollar. With its latest funding round, Instacart has doubled up its valuation from the beginning of the year — pushed by the surging demand for grocery delivery services created by the COVID-19 pandemic. Kroger’s Ghost Kitchens.

Push-to-Card 82

Push-to-Card On-Demand Visa Disputes 82

PYMNTS

NOVEMBER 1, 2017

Our investments in technologies like biometrics, tokens, encryption and artificial intelligence are redefining the way both consumers and transactions are protected.” billion Mastercard and Maestro-branded cards worldwide. Consumer sentiment is favorable.”. Security, Partnerships And Pushing For A More Digital World.

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Visa Push-to-Card Same Day ACH Volume 49

PYMNTS

OCTOBER 20, 2020

Apple had already more or less created the modern smartphone industry with the iPhone and remade the music industry with the iPod – so it didn’t seem too much of a stretch to believe that if Apple wanted to disrupt the plastic card, it could fall out of favor for in-store purchases. percent of consumers with “the Pays” installed using them.

Contactless Payments 53

Contactless Payments Push-to-Card Payments Consumer 53

PYMNTS

NOVEMBER 14, 2019

Marketplaces and their partners want to satisfy consumers who are comfortable with the convenience of online shopping. Marketplaces and their partners want to satisfy consumers who are comfortable with the convenience of online shopping. Many are more operational in nature, and intended to give consumers more choice.

Online and Mobile Banking 49

Online and Mobile Banking Payments Push-to-Card Mobile Payments 49

PYMNTS

JANUARY 4, 2018

Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor. Despite there being some variety of “Pay” for every day of the week, none have garnered even a 10 percent usage rate among consumers. It hasn’t been easy.

Push-to-Card 43

Push-to-Card Online and Mobile Banking Mobile Payments Wire Transfer 43

FICO

SEPTEMBER 20, 2017

New rules from the UK’s Financial Conduct Authority could require new forms of communications aimed at raising awareness with consumers, increasing transparency and tackle the issue of persistent debt across the UK. Mobile push notifications: Effective and real-time. Options for Contacting Customers.

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Rules Issuers Push-to-Card Credit Cards 60

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. I joked that I’d be a shoo-in for the job. Amazon Takes Its Bite Out of the Big Apple.

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Push-to-Card Online and Mobile Banking Consumer Governance 67